Gold just smashed ATHs - what's everyone's plan now?
- •Well, wasn't that a sight to behold this morning?
- •Being based down here in Savannah with a tourism business, I've seen my share of economic ups and downs.
- •My financial advisor back then actually suggested looking into Augusta Precious Metals, and I've been pretty happy with how it's worked out so far.
Well, wasn't that a sight to behold this morning? Gold just blew past its all-time high, and honestly, it’s got me feeling a mix of vindication and a little bit of "what's next?" I’ve been holding a good chunk in my Gold IRA for a few years now – probably about 15% of my 200k portfolio is in physical gold and silver, mostly for the hedge against inflation and economic instability.
Being based down here in Savannah with a tourism business, I've seen my share of economic ups and downs. That 2020 dip was a gut punch, but thankfully I had a decent metals allocation back then that helped keep my overall portfolio from taking too much of a beating. It’s times like these, when the markets feel a bit like a rollercoaster and the dollar’s looking shakier than usual, that I really appreciate the stability gold brings. My financial advisor back then actually suggested looking into Augusta Precious Metals, and I've been pretty happy with how it's worked out so far.
My question for the group now is, with gold hitting unprecedented levels, are you guys planning any shifts? Are you holding tight, taking some profits, or even looking to allocate more? I'm not looking to rebalance significantly right this second, but I'm always open to hearing different strategies. I'm wondering if this is just the beginning of a bigger run, or if we're due for a correction after such a strong surge. Curious to hear everyone's thoughts.